64 La Fayette Boulevard Bibra Lake WA 6163
64 La Fayette Boulevard Bibra Lake WA 6163
5-bed family house | Bibra Lake | 740mยฒ lot | solar & NBN
This property occupies a strong position for a buyer seeking a well-configured family house on a substantial lot in a stable, owner-occupied suburb. The 232mยฒ building with five bedrooms and two bathrooms offers rare internal scale for the area, and the 31% site coverage leaves meaningful outdoor space. Solar panels and NBN Fibre to the Node are supporting conveniences, not primary drivers. The property suits a long-term owner-occupier who values space over proximity to the city core, and who can act decisively in a market where comparable stock is limited.
The bushfire overlay introduces a specific risk that may narrow the buyer pool at resale and could affect insurance costs. The 2021 purchase price is not disclosed, but the 2013 sale at $542,500 shows strong long-term capital growth. Rental demand is supported by the suburbโs low turnover and high owner-occupancy, though the $945/week estimate is below what a five-bedroom house might achieve closer to employment nodes. For a buyer, the play is to hold for at least seven years, using the extra bedrooms for multigenerational living or as a buffer against rising mortgage costs.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Bibra Lake is a family-oriented suburb with strong demand from established purchasers. The market is characterised by exceptionally fast-moving house sales, reflecting high competition and limited supply. Recent price growth has been robust, supported by significant rental increases. Future performance is underpinned by sustained family demand, though the unit segment shows notable weakness with minimal sales activity and declining values.